What Hoverstate does

Hoverstate is a privately held, full-service digital agency founded in 2008 and headquartered in Woodland Hills, California. The firm specializes in mobile and web-based digital solutions, serving clients that require custom product development across these platforms. Its service offering appears to be project-based consulting and implementation work rather than packaged software products.

The company operates with a team of 101-250 employees, which positions it in the small-to-mid-market agency tier. Its leadership team — Founder, Chief Strategy Officer and Managing Partner Robert Fauver; Chief Operating Officer Lorenzo Francalanci; Chief Innovation Officer and Managing Partner Kyung Ahn; and Chief Financial Officer Sid Lejfer — reflects a partnership-style operating model common to professional services firms. The presence of a Chief Innovation Officer suggests some emphasis on emerging-technology adoption, though no specific innovation programs are documented in the input data.

Hoverstate's capital history is sparse: the firm raised $1.5 million in a single funding round dated March 23, 2020, with investors undisclosed. No subsequent funding rounds, acquisitions, product launches, geographic expansions, or strategic partnerships are documented in the available source material. Pricing is project-based and not publicly disclosed. The firm does not disclose named customers, revenue, or contract structure, which limits external financial visibility.

Name

Hoverstate

Legal name

SoftServe Inc.

Website

https://hoverstate.com

Company type

Private

Founded year

1993

Operating status

Operating

Headcount range

101–250 employees

Short description

Hoverstate is a full-service digital agency founded in 2008, headquartered in Woodland Hills, California, that delivers mobile and web-based solutions to clients requiring custom digital product development.

Ownership category

akta.pro rank

Headquarters

HQ city

Woodland Hills

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales

Revenue model

1. Digital Engineering Services: Professional services revenue derived from designing and building data, cloud, AI/ML, robotics, IoT, and XR solutions for enterprise clients. Revenue is generated through consulting engagements, project-based work, and managed services contracts.
2. Managed Services: Ongoing managed services for cloud modernization, AI operations, and infrastructure management delivered through strategic partnership agreements with AWS, Google Cloud, and Microsoft.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels7 records

Core offering

Hoverstate is a full-service digital agency that designs, develops, and ships mobile and web-based solutions for client organizations. The practice covers strategy, user experience and design, and custom engineering across mobile and web platforms, delivered as outsourced product development engagements rather than packaged, licensed software.

Product overview

SoftServe is a digital engineering company that provides professional services and consulting rather than packaged software products. The company offers data, cloud, AI/ML, robotics, IoT, and XR solutions designed and built for clients. No distinct branded product names or product modules are identified in the available source material; the offering is services-based rather than a product portfolio.

Differentiator

Problem solved

Functional benefit

Products and services

• Mobile Application Development Design and build of custom mobile applications delivered as a digital agency service for client organizations that need outsourced mobile product delivery.
• Web Application Development Design and build of custom web-based solutions delivered as a digital agency service for client organizations.
• Digital Product Strategy and UX/UI Design Strategy, user experience and interface design engagements delivered alongside mobile and web build work as part of a full-service digital agency mandate.

Quantifiable outcome

• Improved advisor response time and client engagement efficiency for insurance sales
• +2 more outcomes

Named customers4 records

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Five partnerships are on record, tiered core and flagship.

• AWS (Amazon Web Services)coreTechnology or IntegrationAWS Premier Tier Partner with Strategic Collaboration Agreement (SCA). SoftServe supports cloud modernization and applies AI capabilities to improve performance, scalability, and cost control for enterprise clients.
• NVIDIAcoreTechnology or IntegrationAward-winning NVIDIA Elite Partner. Designs and delivers AI-driven solutions across data and analytics, digital twins, visual intelligence, robotics, cloud, and edge computing. Won NVIDIA 2026 Energy/Utilities Partner of the Year.
• Google CloudcoreTechnology or IntegrationPremier Google Cloud Services Partner. Builds cloud-native applications powered by AI, machine learning, and data analytics to support scalable and reliable operations.
• MicrosoftcoreTechnology or IntegrationOver 20 years of collaboration with Microsoft developing solutions across Azure, Microsoft Fabric, and AI services to strengthen data use, integration, and platform adoption.
• MITflagshipStrategic or Co-development PartnerCollaborative research partnership producing the 'New MIT Report Examines Agentic AI in Software Engineering' - a flagship thought leadership initiative exploring the future of software engineering with agentic AI.

Scale indicators3 records

Recent moves1 record

Expansion highlights1 record

Direct peers

• Thoughtbot: Thoughtbot is a digital consultancy and agency that provides web and mobile product design and development services. It shares Hoverstate's focus on custom mobile/web solutions and a similar mid-sized, senior-talent delivery model.
• Codal: Codal is a full-service digital agency focused on web and mobile application development, UX/UI design, and digital strategy. It directly competes with Hoverstate in mid-sized mobile/web engagements for enterprise and mid-market clients.
• Netguru: Netguru is a digital agency and software consultancy that builds web and mobile applications, with strengths in product design and development. It is comparable to Hoverstate in mobile/web services delivery, though at a larger international scale.
• 10up: 10up is a digital agency specializing in web platform engineering, design, and content strategy. It is directly comparable to Hoverstate in its focus on web-based solutions for enterprise clients, with a similar mid-sized, full-service delivery model.
• WillowTree (now part of TELUS International): WillowTree is a digital product agency focused on mobile and web application design, development, and strategy. It overlaps closely with Hoverstate's mobile and web solutions focus and serves a comparable enterprise client base, though at a larger scale.
• Blue Fountain Media: Blue Fountain Media is a full-service digital agency offering web design, development, mobile, and branding services. It competes with Hoverstate in the mid-sized agency space serving enterprise and mid-market digital transformation needs.
• Net Solutions: Net Solutions is a digital agency that designs and builds web and mobile applications along with e-commerce and custom software solutions. It competes with Hoverstate for similar full-service mobile/web engagements, particularly with mid-market and enterprise clients.
• DockYard: DockYard is a digital product consultancy focused on web and mobile application development, design, and strategy. It is directly comparable to Hoverstate in its full-service mobile/web delivery model and enterprise client orientation.
• DEG (Digital Engine Group): DEG is a digital agency offering strategy, design, development, and marketing services for web and mobile platforms. It is a direct peer in the mid-sized, full-service digital agency category that Hoverstate occupies.

Broad incumbents

• ScienceSoft: ScienceSoft is an IT services and software development company that provides custom web and mobile application development, among other offerings. It is comparable to Hoverstate as a web/mobile development provider, though it operates at a larger scale with a broader IT services portfolio.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat2 records

Key risks5 records

Key highlights4 records

Customer concentration

• Xx.com/hoverstate
• YouTubeyoutube.com/user/SoftServeInc
• Facebookfacebook.com/hoverstate
• LinkedInlinkedin.com/company/softserve
• Instagraminstagram.com/softserve_people
• TikToktiktok.com/@softservepeople

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Hoverstate